MATICUSDT ! Downward resistance test. Falling down 😶‍🌫️

MATICUSDT continues to trade in a downtrend. The price strongly reacts to the downward resistance and forms strong movements. The price makes a false breakout of resistance, but the price is not able to update the local peaks and on the retest the price returns to the level of 0.577

I suppose that after fixing the price below the level, the price may continue its downward movement along the trend. Short-term target is 0.502 support and medium-term target is 0.450 consolidation line

Sincerely, R. Linda!

Trade active

Trade closed: target reached:

+32% target 2 reached!!! ✅🤩